Bark, Inc. (BARK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
120 BROADWAY, 12TH FLOOR NEW YORK, NY 10271 |
| State of Incorp. | |
| Fiscal Year End | March 31 |
| Industry (SIC) | 599 - Retail Stores, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 177,911 | 199,397 | 307 | |||
| Cash and cash equivalents | 177,911 | 199,397 | 307 | |||
| Receivables | 6,554 | 9,752 | ||||
| Inventory, net of allowances, customer advances and progress billings | 124,336 | 153,115 | ||||
| Inventory | 124,336 | 153,115 | ||||
| Prepaid expense | 26 | |||||
| Other undisclosed current assets | 3,552 | 5,878 | ||||
| Total current assets: | 312,353 | 368,142 | 332 | |||
| Noncurrent Assets | ||||||
| Finance lease, right-of-use asset, after accumulated amortization | 400 | 2,538 | ||||
| Operating lease, right-of-use asset | 36,892 | 29,552 | ||||
| Property, plant and equipment | ||||||
| Intangible assets, net (including goodwill) | 4,090 | 3,837 | ||||
| Intangible assets, net (excluding goodwill) | 4,090 | 3,837 | ||||
| Asset, held-in-trust | 254,382 | |||||
| Other noncurrent assets | 7,234 | 4,402 | ||||
| Other undisclosed noncurrent assets | 39,451 | 25,590 | ||||
| Total noncurrent assets: | 88,067 | 65,919 | 254,382 | |||
| TOTAL ASSETS: | 400,420 | 434,061 | 254,715 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 63,001 | 59,058 | 602 | |||
| Taxes payable | ✕ | ✕ | 9,163 | |||
| Employee-related liabilities | ✕ | ✕ | 3,421 | |||
| Accounts payable | 34,370 | 36,834 | ||||
| Accrued liabilities | 28,631 | 9,640 | 602 | |||
| Deferred revenue | 27,772 | 31,549 | ||||
| Debt | 642 | |||||
| Other undisclosed current liabilities | 8,828 | 17,362 | ||||
| Total current liabilities: | 99,601 | 108,611 | 602 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 81,221 | 105,037 | ||||
| Long-term debt, excluding current maturities | 81,221 | 76,190 | ||||
| Liabilities, other than long-term debt | 49,061 | 3,352 | 8,902 | |||
| Deferred compensation liability, classified | 8,902 | |||||
| Other liabilities | 1,821 | 3,352 | ||||
| Operating lease, liability | 47,240 | 28,847 | ||||
| Other undisclosed noncurrent liabilities | 41,473 | |||||
| Total noncurrent liabilities: | 130,282 | 108,389 | 50,375 | |||
| Total liabilities: | 229,883 | 217,000 | 50,977 | |||
| Temporary equity, carrying amount | 198,738 | |||||
| Equity | ||||||
| Equity, attributable to parent, including: | 170,537 | 217,061 | 5,000 | |||
| Common stock | 1 | 1 | ||||
| Treasury stock, value | ||||||
| Additional paid in capital | 480,370 | 465,313 | 34,636 | |||
| Accumulated deficit | (309,834) | (248,253) | (29,638) | |||
| Other undisclosed equity, attributable to parent | 1 | |||||
| Total equity: | 170,537 | 217,061 | 5,000 | |||
| TOTAL LIABILITIES AND EQUITY: | 400,420 | 434,061 | 254,715 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 535,315 | 507,406 | |||
| Cost of revenue | (227,200) | (225,300) | |||
| Gross profit: | 308,115 | 282,106 | |||
| Operating expenses | (371,946) | (376,287) | |||
| Operating loss: | (63,831) | (94,181) | |||
| Nonoperating income (expense) | 6,684 | 31,346 | |||
| Investment income, nonoperating | |||||
| Other nonoperating income (expense) | 6,684 | 31,346 | |||
| Interest and debt expense | (4,372) | (5,464) | |||
| Loss from continuing operations: | (61,519) | (68,299) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (68,299) | ✕ | |
| Net loss available to common stockholders, diluted: | (61,519) | (68,299) | |||
Comprehensive Income ($ in thousands)
| 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | ||
|---|---|---|---|---|---|
| Net loss: | (61,519) | (68,299) | |||
| Comprehensive loss, net of tax, attributable to parent: | (61,519) | (68,299) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.